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Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud
26.7.2024
The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity Fund Institute 005). The investor had deposited...
Foreign crypto miners could be spying on US bases: Elizabeth Warren
26.7.2024
Senator Warren has lambasted foreign-owned crypto miners in the country, saying they’re loud, hot, and “suck up a ton of electricity, which can crash the power grid.”
US senator withdraws support for Elizabeth Warren’s anti-crypto bill
26.7.2024
Republican Senator Roger Marshall has withdrawn as a cosponsor for an anti-crypto bill he co-created with Senator Elizabeth Warren in 2022
Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil
26.7.2024
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government fiscal policies, such as energy pricing and taxation, will be a key factor in the expansion...
Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency Innovation
26.7.2024
The Bank of Israel has initiated the “Digital Shekel Challenge” to explore the potential of a central bank digital currency (CBDC) system inspired by the BIS Innovation Hub’s “Project Rosalind.” Fourteen teams from various sectors have been selected to propose innovative use cases....
Global manhunt underway for JPEX promoter ‘Coin Young Master’
26.7.2024
Interpol has issued red notices for Wong Ching-kit and his accomplice, Mok Tsun-ting, on charges of fraud, theft, and money laundering
SBI and Franklin Templeton Collaborate to Create Digital Asset Management Firm
26.7.2024
Japan’s SBI Holdings plans to create a new investment management company in collaboration with major U.S. asset manager Franklin Templeton by the end of the year. This joint venture will focus on managing digital assets. The new entity will be 51% owned by SBI Holdings and 49% by Franklin...
UK Regulator Fines Coinbase’s CB Payments $4.5 Million for Serving High-Risk Customers
26.7.2024
The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the FCA’s first enforcement action against a firm...
Skybridge Founder: Kamala Harris Open-Minded About Crypto
26.7.2024
Anthony Scaramucci, founder of Skybridge Capital, believes that U.S. Vice President Kamala Harris is open-minded about crypto. Criticizing the narrative that her administration is hostile toward cryptocurrency, he predicted that SEC Chair Gary Gensler will be fired and Senator Elizabeth Warren will...
Ripple CEO: Kamala Harris Could Reset US Crypto Regulation
26.7.2024
Ripple CEO Brad Garlinghouse believes that U.S. Vice President Kamala Harris “has an incredible opportunity to provide a reset on critical issues for U.S. competitiveness (like crypto regulation).” He noted that she is no stranger to Silicon Valley. Moreover, he cautioned against making...
Jersey City to Invest in Bitcoin ETFs, the Latest Pension to Dive Into Crypto
25.7.2024
The municipal pension plan of Jersey City, New Jersey, will soon invest in bitcoin via exchange-traded funds, according to a Thursday social media post from Mayor Steven Fulop
Direct client demand driving growth in BlackRock's Bitcoin ETF so far
25.7.2024
BlackRock head of digital assets Robert Mitchnick talked ETFs with Bloomberg’s James Seyffart at Bitcoin 2024
Blackrock foresees “very little interest” in crypto ETFs beyond Bitcoin, Ethereum — Bitcoin2024
25.7.2024
Clients see Bitcoin and Ethereum as complements, not substitutes, in crypto portfolios, according to Blackrock's head of digital assets
Crypto is democratizing investment banking options—Lightspark founder
25.7.2024
Cryptocurrencies will challenge the current banking hegemony layer-by-layer, the speakers noted at the 2024 Bitcoin event in Nashville
How Kamala Harris Could Usher in a Clean Slate for Crypto Regulation
25.7.2024
She may not be appearing at Bitcoin Nashville this year alongside Donald Trump. But, if elected president, Kamala Harris could reshape the U.S.'s policy on digital assets. Penn State Dickinson Law professor Tonya Evans sketches out what could (and should) be her agenda
Justin Sun Mocks Kamala Harris With Made-up Campaign Slogan
25.7.2024
Justin Sun, the founder of the Tron cryptocurrency ecosystem, mocked the current U.S. Vice President and favorite to be designated as the Democratic candidate for the U.S. presidency, Kamala Harris. He joked about a possible slogan for her upcoming campaign. Sun mixed the well-known “Make...
Why is the crypto market down today?
25.7.2024
The crypto market is down today as an unexpected sharp sell-off triggered a wave of liquidations in the derivatives market
Crypto Industry ‘Will Show No Mercy’ in November Says Winklevoss After Harris Snubs Bitcoin Event
25.7.2024
Following the announcement that U.S. Vice President Kamala Harris won’t attend the Bitcoin 2024 conference in Nashville, Gemini co-founder Tyler Winklevoss said the crypto industry will “show no mercy in November.” Gemini’s Winklevoss Criticizes Harris Over Bitcoin 2024...
Trump reelection campaign raised $3M in crypto for Q2 2024
25.7.2024
The most significant contributions came from Gemini co-founders Cameron and Tyler Winklevoss, who announced their support for the Republican candidate on X
HSBC Australia Blocks Payments to Crypto Exchanges
25.7.2024
HSBC Australia has announced that it will block all customer payments to cryptocurrency exchanges via credit or debit cards, starting from July 24, 2024. The bank cites the high-risk nature of such transactions as the primary reason for this decision. HSBC Australia claimed scammers frequently...